{"id":344,"date":"2009-03-13T03:43:20","date_gmt":"2009-03-13T07:43:20","guid":{"rendered":"http:\/\/000af36.netsolhost.com\/wordpress1\/2009\/03\/13\/stewart-vs-cramer-face-to-face\/"},"modified":"2009-03-13T03:43:20","modified_gmt":"2009-03-13T07:43:20","slug":"stewart-vs-cramer-face-to-face","status":"publish","type":"post","link":"http:\/\/griendling.com\/wordpress1\/2009\/03\/13\/stewart-vs-cramer-face-to-face\/","title":{"rendered":"Stewart vs. Cramer: Face to Face"},"content":{"rendered":"

The Jon Stewart\/CNBC feud climaxed last night with \u201cMad Money\u201d host Jim Cramer supplicating himself to an interview with Stewart.  It wasn\u2019t pretty. And it wasn\u2019t entirely fair to Cramer to take the fall for his network.<\/p>\n

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The Daily Show With Jon Stewart<\/a>M – Th 11p \/ 10c<\/span><\/div>\n
Intro – Brawl Street: Get Read to Buy Low! And Sell Die<\/a><\/div>\n<\/p><\/div><\/embed>
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Daily Show Full Episodes<\/a>
Important Things With Demetri Martin<\/a><\/div>\n
Political Humor<\/a>
Economic Crisis<\/a><\/div>\n
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I\u2019ve watched CNBC a lot over the past two years.  I even watched Cramer\u2019s show for awhile until I couldn\u2019t stand his hyperactivity any longer.  But Cramer isn\u2019t the problem.  He was, I think, CNBC\u2019s sacrificial lamb, and he probably hurt himself irrevocably by his performance last night.  It\u2019ll be interesting to see if the interview is referenced tomorrow on the network.<\/p>\n

But it\u2019s a shame if it ends with Cramer.  He is an entertainer.  He did not, whether on his show or his appearances throughout the day on CNBC, really position himself as a reporter.  He is a stock trading advisor.  Sure, he often talked about investing for the long-term, but more often you have the sense that he\u2019s just picking stocks for you to trade.  Maybe not day-trading, buying and selling the same stock within a day, but that he is advising his audience on what stocks are positioned for an immediate upside.<\/p>\n

There are others on CNBC who do claim to be journalists who are nothing more than shills for their Wall St. buddies and their won right-wing politics.<\/p>\n

The worst is Charlie Gasparino, the so-called \u201cOn-air editor.\u201d  Exactly what is an \u201con-air editor\u201d?  From what I\u2019ve seen, it means that he tries to edit himself while he\u2019s on air.  If so, he fails miserably.  He is constantly brought on to deliver \u201cbreaking news\u201d he\u2019s uncovered from his sources on Wall St..  He no sooner delivers the PR script handed to him by his sources than he starts delivering his opinions about the wisdom of what he\u2019s heard.  And he is unfailingly dismissive of any political view not supported by the titans of the Street.  Yesterday, the token liberal discussing Obama\u2019s economic plans was Robert Reich, who was constantly interrupted by Gasparino who brought up the canard that small businesses will be paying higher taxes because of Obama\u2019s plan to let the Bush tax cuts expire (which is what Bush proposed when he signed the tax cut bill).  The fact is small businesses, defined by those employing 500 workers or fewer, are overwhelmingly either sole practitioners such as lawyers and doctors, incorporated– so the owners\u2019 income is not the profit from the business\u2014or they make far less than $250,000<\/a>.  <\/p>\n

Here\u2019s the clip.  Listen to Gasparino interrupt Reich repeatedly.  It starts at about 3:30.<\/p>\n

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There are many others at CNBC who should be raked over the coals.  In the above clip, two other right-wingers are represented \u2013 Michelle Caruso-Cabrerra and Dennis Kneale.  <\/p>\n

And the original \u201cmoney honey\u201d Maria Bartiromo sucks up to every CEO with pants on<\/a>.    As an indication of her lack of seriousness, she reportedly has copyrighted the term \u201cmoney honey.\u201d<\/p>\n

I wish Jon Stewart would now let Jim Cramer go and instead go after the rest of the CNBC faux journalists.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Jon Stewart\/CNBC feud climaxed last night with \u201cMad Money\u201d host Jim Cramer supplicating himself to an interview with Stewart.  It wasn\u2019t pretty. And it wasn\u2019t entirely fair to Cramer to take the fall for his network. The Daily Show With Jon StewartM – Th 11p \/ 10c Intro – Brawl Street: Get Read to… Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/posts\/344"}],"collection":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/comments?post=344"}],"version-history":[{"count":0,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/posts\/344\/revisions"}],"wp:attachment":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/media?parent=344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/categories?post=344"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/tags?post=344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}